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rainbow pinwheel of death 

The symbol that appears when your browser freezes up on the Mac. Its counterpart is the hourglass symbol on Windows.
Person #1. I bloody hate that loading hourglass.

Person #2. I have the rainbow pinwheel of death to deal with.

Rainbow Sheep 

A term for someone who is somewhat of an outcast in their family because they are LBGT, based on the "black sheep" term.
Rainbow Sheep by Zephyrgrrl September 7, 2013

rainbow shit

When you have been in such a happy mood for longer than three weeks, that it affects your shit - turning it into a wonderful display of happiness as it is pooped out. Can be put on display. The multicoloured shit is often in the order of the rainbow if the happiness is genuine and if the colours are out of order, there is an underlying issue of mania which can be diagnosed by slicing the shit horizontally.
Dudette 1: I love what you have done with your bathroom
Dudette 2: you do? Thanks. I have been on such a high this last month I knew I was due some rainbow shit
Dudette 1: but how did you get that pattern?
Dudette 2: I just ate a fucking hot curry one night and in the morning: tada!.....rainbow walls!
rainbow shit by ChiefPoof May 27, 2016

Rainbow People 

People who belong in the LGBT community.
Dan: My brother Steven came out of the closet last night. He's part of the Rainbow People now.
Rainbow People by Jez86 September 6, 2017

rainbow factory 

Once upon a time, in the Magical Land of Equestria, there floated the city of Cloudsdale. Cloudsdale is charged with manufacturing all of Equestria's weather, which is then shipped in much the same way Fed Ex works.

One day, a guy named WoodenToaster decided to write a catchy, but mildly disturbing song about how Cloudsdale makes rainbows in something called a "rainbow factory."

William Shakespeare's greatx10^8 grandson, AuroraDawn, took this idea a step further. Due to the lack of academic analysis of Equestrian weather manufacturing, He decided to write a fanfiction called Rainbow Factory, which offered the following explanation: Cloudsdale is governed by elitist NAZIs that demand every pegasus pass a flight test to live, and whoever did not is sent to the rainbow factory, where they are then killed and recycled into Spectra, a key ingredient in the production of rainbows.

The Rainbow Factory fanfiction also contains one of the most notable examples of the "Scootabuse" phenomenon.

It should also be noted that this contributor lacks the abdominal muscles to ever read Rainbow Factory.

Rainbow virgin 

A person who has never had sexual intercourse with somebody of the same gender
"Are you a rainbow virgin?" Jenny asked her lesbian friend Paula
"Why no, I lost my rainbow virginity some time back" Paula replied
Rainbow virgin by JayJayBananas February 17, 2015